Business/Financial

Northrop Grumman [NOC] will soon begin the next system test phase for the Ground/Air Task Oriented Radar (G/ATOR) system at the company’s antenna test facility. This newest series of tests […]

By Geoff Fein The Navy’s eighth quarterly report to Congress on open architecture (OA) outlines a number of efforts the service plans for 2010 including publishing a guidebook for requirements […]

During a post-maintenance check flight earlier this month, a Northrop Grumman [NOC] MQ-8B Fire Scout Vertical Take-off and Landing Unmanned Aerial Vehicle (VTUAV) supported its first drug interdiction with the […]

L-I Identity Solutions [ID] yesterday said it has acquired the assets of Retica Systems, giving it new products and customers related to the use of iris capture and recognition technologies […]

Orbital Sciences Corp. [ORB] last Friday said it has completed its $55 million purchase of the spacecraft development and manufacturing business from General Dynamics [GD]. Orbital announced the deal early […]

By Geoff Fein The drawdown in Iraq and the ramp up in Afghanistan are two of the biggest logistics challenges the Department of Defense has ever taken on in recent […]

By Geoff Fein The Navy recently awarded Lockheed Martin [LMT] an $83 million contract to design, develop, fabricate, integrate, and test the Electronic Consolidated Automated Support System (eCASS). eCASS will […]

General Electric [GE] this week said its Aviation division will establish a research and development center that will focus on advanced technologies for military and civil hybrid electric vehicles and […]

By Emelie Rutherford The Pentagon announced late yesterday it would extend the deadline for proposals for the Air Force tanker so European Aeronautic Defence and Space Co. (EADS) potentially can […]

By Calvin Biesecker SAIC [SAI] on Tuesday lowered its organic revenue and earnings expectations for the year amid uncertainty in the government contracting environment including delays in the contracting cycle, […]